Tax Reform

Rates
  • Income
- We believe that for people who aren't as wealthy and don't make as much income as others, they should have a flat tax rate of 18.5%
- It wouldn't be fair if the people who don't make as much money do have flat taxes, so we think the income taxes should be reduced to 22.5%
- We think America should encourage "small" businesses that benefit people who can't get a job, but can still earn money
- People are working very hard to earn the money that they do, so income tax should be lowered even more
-
  • Property
- Everyone must pay property tax, but the bigger the size of the house, the more tax you have to pay ( big house- pays 1% of what it's worth, small house- no % just what its worth)
  • Sales
- There shouldn't be any sales tax, because of the facts the even though we want to lower income tax, it is still very high
Collection
- All of the taxes should go to the government, therefore, the government pays for resource
Rules
- As we want the taxes to lower by a lot, since they are becoming low, to keep the government up and running everyone HAS to pay taxes no matter what because we already arranged their tax rate based of their personal needs
- Lowering any taxes for families if a family has 2 or more children